IFSC Code of State Bank of India, BALASORE, BALASORE

SBIN0000016

BankState Bank of India
IFSC CodeSBIN0000016
Branch Code000016 (last six characters of IFSC)
BranchBALASORE
City / DistrictBALASORE
StateODISHA

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State Bank of India BALASORE IFSC Code

The BALASORE branch of State Bank of India located in BALASORE, ODISHA is identified by the IFSC code SBIN0000016. This 11-character code is issued by the Reserve Bank of India (RBI) and is required for electronic fund transfers such as NEFT, RTGS, IMPS and UPI.

How to transfer money using SBIN0000016

  1. Log in to your bank’s net banking or mobile banking app.
  2. Choose the NEFT, RTGS or IMPS transfer option.
  3. Add the beneficiary with account number and branch name.
  4. Enter IFSC code SBIN0000016 to identify the BALASORE branch.
  5. Enter the amount and confirm the transaction.

Difference between IFSC and MICR

AspectIFSC
Full formIndian Financial System Code
PurposeOnline money transfer (NEFT / RTGS / IMPS)
Format11-character alphanumeric
Issued byReserve Bank of India (RBI)

Frequently asked questions

What is the IFSC code of State Bank of India, BALASORE?
The IFSC code is SBIN0000016.

What is the branch code?
The branch code is 000016, the last six characters of the IFSC code.